Dana (NYSE:DAN - Get Free Report) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 1.150-1.650 for the period, compared to the consensus estimate of 1.140. The company issued revenue guidance of $9.8 billion-, compared to the consensus revenue estimate of $9.5 billion.
Analyst Ratings Changes
A number of equities analysts recently weighed in on DAN shares. StockNews.com cut Dana from a "buy" rating to a "hold" rating in a report on Tuesday, April 8th. JPMorgan Chase & Co. raised their price objective on Dana from $14.00 to $20.00 and gave the company an "overweight" rating in a research note on Monday, January 27th. Wells Fargo & Company raised Dana from an "underweight" rating to an "equal weight" rating and boosted their target price for the company from $10.00 to $16.00 in a research note on Monday, January 27th. Royal Bank of Canada lifted their price target on Dana from $13.00 to $16.00 and gave the stock a "sector perform" rating in a research note on Friday, February 21st. Finally, UBS Group raised their target price on shares of Dana from $18.00 to $20.00 and gave the stock a "buy" rating in a report on Thursday. Four equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $18.14.
Read Our Latest Stock Report on DAN
Dana Price Performance
Shares of NYSE:DAN traded up $0.29 during trading on Monday, hitting $14.88. 435,694 shares of the company's stock were exchanged, compared to its average volume of 1,666,190. The business's 50-day simple moving average is $13.10 and its 200 day simple moving average is $12.42. The company has a debt-to-equity ratio of 1.71, a current ratio of 1.45 and a quick ratio of 0.86. Dana has a 52-week low of $7.58 and a 52-week high of $16.90. The company has a market cap of $2.17 billion, a price-to-earnings ratio of -38.09, a PEG ratio of 0.72 and a beta of 2.26.
Dana (NYSE:DAN - Get Free Report) last released its quarterly earnings results on Wednesday, April 30th. The auto parts company reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.17 by ($0.04). The firm had revenue of $2.35 billion for the quarter, compared to analysts' expectations of $2.28 billion. Dana had a negative net margin of 0.55% and a positive return on equity of 6.70%. The business's quarterly revenue was down 14.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.02 EPS. As a group, equities analysts predict that Dana will post 1.5 EPS for the current year.
Dana Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Saturday, May 31st. Shareholders of record on Saturday, May 10th will be paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 2.69%. Dana's dividend payout ratio (DPR) is presently -102.56%.
About Dana
(
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Dana Incorporated, together with its subsidiaries, provides power-conveyance and energy-management solutions for vehicles and machinery in North America, Europe, South America, and the Asia Pacific. The company operates through four segments: Light Vehicle Drive Systems, Commercial Vehicle Drive and Motion Systems, Off-Highway Drive and Motion Systems, and Power Technologies.
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